The latest ISDA SwapsInfo Quarterly Review shows that trading volumes for interest rate derivatives (IRD) and credit derivatives both increased during the first half of 2020 compared with the first half of 2019.
Key highlights for the first half of 2020 include:
- IRD traded notional increased by 4.3% to $143.9 trillion from $138.0 trillion in the first half of 2019. Trade count grew by 19.4% to 893.0 thousand from 747.6 thousand over the same period.
- Cleared IRD transactions represented 91.1% of total traded notional and 84.8% of total trade count.
- SEF-traded IRD represented 58.2% of total traded notional and 63.6% of total trade count.
- Credit derivatives traded notional increased by 40.6% to $6.1 trillion from $4.4 trillion in the first half of 2019. Trade count grew by 38.5% to 169.0 thousand from 122.0 thousand over the same period.
- Cleared credit derivatives transactions represented 83.0% of total traded notional and 82.6% of total trade count.
- SEF-traded credit derivatives represented 79.4% of total traded notional and 79.5% of total trade count.
Click on the PDFs below to read the summary and/or full report.
Documents (2) for SwapsInfo First Half of 2020 and Second Quarter of 2020 Review
Latest
ISDA Response to EC on Environmental Legislation
On September 10, ISDA, the Association for Financial Markets in Europe (AFME) and the European Fund and Asset Management Association (EFAMA) submitted a joint response to the European Commission’s (EC) call for evidence on reducing the administrative burden in environmental...
Credit Derivatives Trading Activity Q2 2025
This report analyzes credit derivatives trading activity reported in Europe. The analysis shows European credit derivatives transactions based on the location of reporting venues (EU versus UK) and product type. The report also compares European-reported credit derivatives trading activity to...
ISDA Trading and Treasury Forum: CEO Remarks
ISDA Derivatives Trading and Treasury Forum London, September 16, 2025 Opening Remarks Scott O’Malia ISDA Chief Executive Officer Good morning, and welcome to the ISDA Derivatives Trading and Treasury Forum. Thank you to CME Group for partnering with us...
Recognition of Cross-product Netting is Critical
US regulators are in the process of making important changes to the regulatory capital framework by proposing modifications to the enhanced supplementary leverage ratio, which should help stop it from acting as a non-risk-sensitive constraint on bank capacity – a...